Steve Sadove

Steve Sadove

Non-Executive Advisor

Steve joined the leadership team of 5one in 2014 in an advisory capacity to support the global growth of the business.

Between 2007 and 2013, Steve held the post of Chairman and Chief Executive Officer of Saks Incorporated prior to the acquisition in 2013 by Hudson’s Bay Company for $2.9 billion.

Before joining Saks, Steve built a distinguished marketing and consumer products career spanning over 25 years including various positions within General Foods USA, including Executive Vice President and General Manager of the Desserts Division.  Steve was also President, Worldwide Clairol, having direct responsibility for the Clairol business in the United States as well as all of the consumer businesses in Canada, Europe, the Middle East, Africa, and Latin America.  During his tenure, Steve led Clairol to become the number one hair care business in the United States, relaunched the Herbal Essences brand into a $700 million business, and completed the sale of the beauty business to Procter & Gamble for approximately $5 billion.

Steve is a graduate of Hamilton College and holds an MBA with distinction from Harvard Business School.  He currently serves as Chairman of the National Retail Federation (NRF) Board as well as on the public company boards of Colgate-Palmolive, JCPenney, Aramark and Ruby Tuesday.

Steve is also a regular commentator on the retail industry for Bloomberg TV as well as a distinguished keynote speaker at leading industry events such as the World Retail Congress.

 

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